Some financial experts and business leaders feel that the present policies of the RBI may result in hardening of the interest rates further. Besides this hardening of the ‘rupee in international markets is also possible. If it happens, what will be its impact on the market ? More and more Indian firms would like to borrow from global markets instead of domestic ones. Companies may have to suspend their plans of raising capital needed for extension of business for sometime. More and more Indian companies would like to open their offices/branches in foreign nations so that they can approach foreign investors easily.

• A. Only 1
• B. Only 2
• C. Only 1 and 2
• D. Only 2 and 3
• E. None of these